Specialty Fuel Additives Market To Reach $10.5 Billion By 2024

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Growing consumption of fuels and concern to meet the strict environment-related norms is expected to drive the global specialty fuel additives market. Fuel additives demand will be high worldwide owing to the environmental regulations implemented on greenhouse gas emissions during combustion of fuel..

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Your Catalyst To a Lucrative Business Follow Us: Specialty Fuel Additives Market Analysis Size Growth Regional Outlook Price Trends and Forecasts to 2024 | Hexa Research Global Specialty Fuel Additives Market generated volumes of 1.56 million tons in 2015. Its revenues are projected to reach USD 10.5 billion by 2024. This can be attributed to rising penetration of alternative fuels and higher focus on sustainable practices. Regions like the EU China and U.S. are highly conscious of protecting our environment. They have introduced regulations that encourage the adoption of sustainable resources. This trend is expected to spread to others geographies as well having a favorable impact on demand for specialty f uel additives. The market is segmented on the basis of products applications and regions. Products encompass deposit control additives antioxidants cetane improvers cold flow improvers lubricity improvers corrosion inhibitors and others. Deposit control additives led the market in 2013 accounting for 40 volume share. Cetane improvers with 11 of the volumes stood second. Browse Details of Report https://www.hexaresearch.com/research-report/specialty-fuel-additives-industry "Specialty Fuel Additives Market Size to Reach 10.5 Billion by 2024"

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Your Catalyst To a Lucrative Business Follow Us: Rising use of detergents as fuel additives is an important driver of the dominance of deposit control additives. Cold flow improvers could grow at the fastest rate CAGR of 8 from 2016 to 2024 forecast period. This could be credited to expanding demand for biofuel in Europe and North America. Applications are split into gasoline aviation turbine fuel ATF diesel and other. ‘Other’ includes marine fuel and heating oil. They accounted for 5 of the market in 2013. Gasoline held over 46 of the market volumes in 2013. Although the U.S. generates robust demand for this fuel other parts of the world prefer diesel. In fact diesel is anticipated to surpass gasoline and reign supreme by 2024. Regional market segments are North America Asia Pacific Europe Latin America and MEA Middle E ast Africa. North America garnered maximum revenues in 2013. Asia Pacific was not far behind. It occupied over 27 of the global volumes that year. It is projected to grow at the fastest rate till 2024 owing to increasing consumption of diesel in India and China. The global specialty fuel additives market is moderately concentrated. Key vendors comprise BASF SE Infineum NewMarket Afton Chemical Corporation Angus Chemical Company Evonik Industries AG and Clariant International Ltd. High costs associated with research and development technology and manpower are the primary challenges for market entry. Browse Related Category Market Reports https://www.hexaresearch.com/research-category/conventional-energy-industry

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Your Catalyst To a Lucrative Business Follow Us: Table of Content of Specialty Fuel Additives Market Chapter 1 Methodology Scope 1.1 Research Methodology 1.1.1 Initial data exploration 1.1.2 Statistical modeling and forecast 1.1.3 Industry insights and validation 1.2 List of Data Sources Chapter 2 Executive Summary 2.1 Specialty fuel additives market snapshot 2016 - 2022 Chapter 3 Specialty Fuel Additives Industry Insights 3.1 Market segmentation 3.2 Market Size and Growth Prospects 3.3 Value Chain Analysis 3.4 Specialty fuel additives Industry dynamics 3.4.1 Growth drivers 3.4.1.1 Increasing demand for biofuels 3.4.1.2 Strong ULSD Ultra Low Sulfur Diesel demand 3.4.1.3 Stringent emission control regulatory standards 3.4.2 Industry pitfalls challenges 3.4.2.1 Growing demand for alternative fuel autogas/CNG 3.5 Key growth opportunities 3.5.1 Key market opportunities 3.5.1.1 Increasing RD on renewable/sustainable fuel additives 3.6 Porter’s analysis 3.7 Company market share analysis 2016 3.8 PESTEL Analysis Chapter 4 Specialty Fuel Additives Product Insights 4.1 Specialty fuel additives market volume share by product 2016 2024 4.2 Deposit control additives 4.2.1 Market estimates forecast 2016 - 2024 4.2.2 Market estimates forecast by region 2016 - 2024 4.3 Cetane improvers 4.3.1 Market estimates forecast 2016 - 2024 4.3.2 Market estimates forecast by region 2016 - 2024

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Your Catalyst To a Lucrative Business Follow Us: 4.4 Antioxidants 4.4.1 Market estimates forecast 2016 - 2024 4.4.2 Market estimates forecast by region 2016 - 2024 4.5 Lubricity improvers 4.5.1 Market estimates forecast 2016 - 2024 4.5.2 Market estimates forecast by region 2016 - 2024 4.6 Cold flow improvers 4.6.1 Market estimates forecast 2016 - 2024 4.6.2 Market estimates forecast by region 2016 - 2024 4.7 Corrosion inhibitors 4.7.1 Market estimates forecast 2016 - 2024 4.7.2 Market estimates forecast by region 2016 - 2024 4.8 Other 4.8.1 Market estimates forecast 2016 - 2024 4.8.2 Market estimates forecast by region 2016 - 2024 Chapter 5 Specialty Fuel Additives Application Insights 5.1 Specialty fuel additives market volume share by application 2016 2024 5.2 Gasoline 5.2.1 Market estimates forecast 2016 - 2024 5.2.2 Market estimates forecast by region 2016 - 2024 5.3 Diesel 5.3.1 Market estimates forecast 2016 - 2024 5.3.2 Market estimates forecast by region 2016 - 2024 5.4 Aviation turbine fuel ATF 5.4.1 Market estimates forecast 2016 - 2024 5.4.2 Market estimates forecast by region 2016 - 2024 5.5 Other 5.5.1 Market estimates forecast 2016 - 2024 5.5.2 Market estimates forecast by region 2016 - 2024 Chapter 6 Specialty Fuel Additives Regional Insights 6.1 Specialty fuel additives market volume share by region 2016 2024 6.2 North America 6.2.1 N Market estimates forecast 2016 - 2024 6.2.2 Market estimates forecast by product 2016 - 2024 6.2.3 Market estimates forecast by application 2016 - 2024 6.3 Europe

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Your Catalyst To a Lucrative Business Follow Us: 6.3.1 Market estimates forecast 2016 - 2024 6.3.2 Market estimates forecast by product 2016 - 2024 6.3.3 E Market estimates forecast by application 2016 - 2024 6.4 Asia Pacific 6.4.1 Market estimates forecast 2016 - 2024 6.4.2 Market estimates forecast by product 2016 - 2024 6.4.3 Market estimates forecast by application 2016 - 2024 6.5 Middle East Africa 6.5.1 Market estimates forecast 2016 - 2024 6.5.2 Market estimates forecast by product 2016 - 2024 6.5.3 Market estimates forecast by application 2016 - 2024 6.6 Latin America 6.6.1 Market estimates forecast 2016 - 2024 6.6.2 Market estimates forecast by product 2016 - 2024 6.6.3 Market estimates forecast by application 2016 - 2024 Chapter 7 Competitive Insights 7.1 Afton Chemical Corporation 7.2 Albemarle Corporation 7.3 Baker Hughes 7.4 BASF SE 7.5 Chemtura Corporation 7.6 Chevron Oronite S.A.S. 7.7 Clariant International Ltd 7.8 Dorf Ketal B.V. 7.9 Angus Chemical Company 7.10 EURENCO 7.11 Evonik Industries AG 7.12 GE Water Process Technologies 7.13 Infineum UK Ltd. 7.14 Innospec Ltd. 7.15 The Lubrizol Corporation 7.16 NALCO Champion Ecolab 7.17 Rheochemie Gmbh 7.18 TOTAL Additives and Special Fuels

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Your Catalyst To a Lucrative Business Follow Us: About Us: Hexa Research is a market research and consulting organization offering industry reports custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton California 95018 United States Phone: +1-800-489-3075 Email: saleshexaresearch.com Website - https://www.hexaresearch.com/

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